Further to its relevant announcement dated 11 March 2020, MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby informs the investment public that the Teleconference which will take place today 19 Thursday 2020 at 17:30 local time (UK 15:30, Eastern US 11:30) will be the annual briefing to analysts.
The Company will wire an announcement to the HERMES system of the ATHENS EXCHANGE with the key points of the briefing to analysts on Friday 20 March 2020.
The said announcement will be uploaded on the Company’s website on the date mentioned above.
As a measure for the prevention of the dissemination of the COVID-19, the corporate presentation which had been scheduled for 24 April 2020 will not take place.
Maroussi, 19 March 2020
The Board of Directors
With reference to its previous announcement dated February 27th, 2020 MOTOR OIL (HELLAS) S.A. hereby announces the amendment of the dates of the year 2020 financial calendar as follows:
Release date of the fiscal year 2019 Financial Results: Wednesday March 18th, 2020 after the close of business. The Yearly Financial Report of the fiscal year 2019 will be available on the Company site www.www.moh.gr (Investor Relations / Financial Information / Full Year Financial Reports) as well as on the HELEX site www.helex.gr after the close of business on Wednesday March 18th, 2020.
Teleconference: Thursday March 19th, 2020 at 17:30 hrs local time (UK: 15:30, EASTERN US: 11:30)
Annual briefing to analysts: Friday April 24th, 2020
Annual Ordinary General Meeting: Wednesday June 3rd, 2020.
Year 2019 ex-dividend date: Wednesday June 24th, 2020 (that is, after June 19th, 2020 which signifies the expiration date for the Futures Contracts on the Company´ s stock and on the FTSE/ATHEX LARGE CAP index, in which it is included).
Shareholders entitled to the year 2019 dividend: Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T) dated Thursday June 25th, 2020 (record date).
First day of payment of the year 2019 dividend: Wednesday July 1st, 2020.
Maroussi, March 11th, 2020
The Board of Directors
In the context of its obligations according to the Regulation of the HELLENIC EXCHANGES – ATHENS STOCK EXCHANGE S.A. (HELEX), MOTOR OIL (HELLAS) S.A. hereby announces its Financial Calendar of the year 2020 which has as follows:
Release date of the fiscal year 2019 Financial Results: Monday March 16th, 2020 after the close of business. The Yearly Financial Report of the fiscal year 2019 will be available on the Company site www.www.moh.gr (Investor Relations / Financial Information / Full Year Financial Reports) as well as on the HELEX site www.helex.gr after the close of business on Monday March 16th, 2020.
Teleconference: Tuesday March 17th, 2020 at 17:30 hrs local time (UK: 15:30, EASTERN US: 11:30)
Annual briefing to analysts: Friday April 24th, 2020
Annual Ordinary General Meeting: Wednesday June 3rd, 2020.
Year 2019 ex-dividend date: Wednesday June 24th, 2020 (that is, after June 19th, 2020 which signifies the expiration date for the Futures Contracts on the Company´ s stock and on the FTSE/ATHEX LARGE CAP index, in which it is included).
Shareholders entitled to the year 2019 dividend: Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T) dated Thursday June 25th, 2020 (record date).
First day of payment of the year 2019 dividend: Wednesday July 1st, 2020.
Maroussi, February 27th, 2020
The Board of Directors
MOTOR OIL (HELLAS) S.A. hereby announces that its wholly owned subsidiary LPC S.A. has entered into a Memorandum of Understanding (MOU) with the company NAFTAL SPA, which is based in Algeria, in order to form a Joint Venture which will undertake the project for the construction of a lubricants and greases blending plant for automotive, industrial and marine usage.
The participation of LPC in the Joint Venture will be 49% while that of NAFTAL SPA (a subsidiary of the Algerian state energy company Sonatrach) will be 51%.
The capital expenditure for the construction of the blending plant (capacity: 55 thousand MT lubricants and 5 thousand MT greases) will be approximately Euro 30 million financed by equity and bank debt. The construction period is estimated at 24 months commencing after the formation of the Joint Venture.
Maroussi, 27 February 2020
The Board of Directors
MOTOR OIL (HELLAS) S.A. hereby announces the completion of the transaction for the acquisition of a portfolio of Photovoltaic Plants in full operation located in Northern and Central continental Greece of an aggregate 47 MW capacity for a consideration of EUR 45.8 million.
The transaction has been effected through TEFORTO HOLDINGS LIMITED (*) which acquired the shares of RADIANT SOLAR HOLDINGS LTD and GREENSOL HOLDINGS LTD which were participations of METKA-EGN LTD a subsidiary of MYTILINEOS S.A.
The above move forms part of the MOTOR OIL Group strategy for further penetration in the sector of Renewable Energy Sources.
Maroussi, 13 February 2020
The Board of Directors
(*) A wholly owned subsidiary of the MOTOR OIL Group.
Further to a relevant announcement dated 2 December 2019, MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby informs the investment public that the Hellenic Competition Commission during its meeting dated 10 February 2020 approved the acquirement of exclusive shareholder control of the companies ALPHA SATTELITE TELEVISION S.A., ALPHA RADIO S.A. and ALPHA RADIO KRONOS S.A. by MEDIAMAX HOLDINGS LIMITED (*).
Maroussi, 11 February 2020
The Board of Directors
(*) A wholly owned subsidiary of MOTOR OIL (HELLAS) CORINTH REFINERIES S.A.
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. announces that on 29 November 2019 its wholly owned subsidiary MEDIAMAX HOLDINGS LIMITED (*) which is based in Cyprus, following execution of the relevant contractual condition of the agreement of 30 October 2018, proceeded with the following:
- the acquisition of 24.95% of the shares issued by ALPHA SATTELITE TELEVISION S.A. owned by the Cyprus based company ALPHA MEDIA GROUP LIMITED (Seller)
- the acquisition of 998 registered shares (out of a total of 2,000) issued by NEVINE HOLDINGS LIMITED (**) owned by ALPHA MEDIA GROUP LIMITED (Seller)
The total consideration agreed between the Buyer and the Seller is Euro 4,450,000 payable in installments within a 12-month period following the date of the conclusion of the transactions.
It is noted that, following the execution of the said agreement, MEDIAMAX HOLDINGS LIMITED will become the sole shareholder of ALPHA SATTELITE TELEVISION S.A. with a direct participation of 49.90% and an indirect participation (through NEVINE HOLDINGS LIMITED) of 50.10%. Additionally, through NEVINE HOLDINGS LIMITED, MEDIAMAX HOLDINGS LIMITED will participate with 99.95% in the share capital of ALPHA RADIO S.A. and with 100% in the share capital of ALPHA RADIO KRONOS S.A.
The conclusion of the above transactions is subject to the granting of the necessary approvals according to the relevant legislation.
Maroussi, 2 December 2019
The Board of Directors
(*) Owns 24.95% of the shares issued by ALPHA SATTELITE TELEVISION S.A.
(**) Owns 50.10% of the shares issued by ALPHA SATTELITE TELEVISION S.A., 99.95% of the shares issued by ALPHA RADIO S.A. and 100% of the shares issued by ALPHA RADIO KRONOS S.A. The sole shareholders of NEVINE HOLDINGS LIMITED are MEDIAMAX HOLDINGS LIMITED and ALPHA MEDIA GROUP LIMITED owning respectively 1,002 and 998 shares issued by NEVINE HOLDINGS LIMITED.
MOTOR OIL (HELLAS) S.A. announces that the Interim Financial Statements for the period 1.1.2019 – 30.9.2019 will be available on the Company site www.www.moh.gr (Investor Relations / Financial Information / Quarterly Financial Statements) as well as on the HELEX site www.athexgroup.gr after the close of business on Tuesday 26 November 2019 while a teleconference has been scheduled for Wednesday 27 November 2019 at 17:30 hrs local time (UK: 15:30, EASTERN US: 10:30).
Maroussi, 14 November 2019
The Board of Directors of MOTOR OIL (HELLAS) S.A. in its meeting of 13 November 2019 decided the distribution of a gross amount of Euro 0.35 per share as interim dividend for the year 2019. At the same meeting mentioned above, the Company’s Board defined the ex-date, record date and payment commencement date of the year 2019 interim dividend as follows:
Year 2019 ex-interim dividend date: Tuesday 10 December 2019 (that is, prior to 20 December 2019 which signifies the expiration date for the Futures Contracts on the Company´ s stock and on the FTSE/ATHEX LARGE CAP index, in which it is included).
Shareholders entitled to the year 2019 interim dividend: Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T) dated Wednesday 11 December 2019 (record date).
First day of payment of the year 2019 interim dividend: Tuesday 17 December 2019.
The payment details of the year 2019 interim dividend will be notified by the Company with a subsequent announcement.
Maroussi, 13 November 2019
The Board of Directors
MOTOR OIL (HELLAS) S.A. announces its entry in the sector of Renewable Energy Sources (RES) through its wholly-owned subsidiary ELEKTROPARAGOGI SOUSSAKI S.A.
As a first step, the newly formed Cyprus-based company TEFORTO HOLDINGS LIMITED, 100% subsidiary of ELEKTROPARAGOGI SOUSSAKI S.A., acquired 85% of the share capital of STEFANER ENERGY S.A. The latter was founded in Greece in 2014 and possesses three power production licenses for a respective number of wind parks in Greece of a total capacity of 9.4 MW.
STEFANER ENERGY S.A. will proceed with the construction of the three above mentioned wind parks at an estimated total construction cost of Euro 12 million.
Maroussi, 18 October 2019.
The Board of Directors
